Bitcoin tops $106K, market breadth forecast: Morning Brief


Cryptocurrency bitcoin (BTC-USD) rips above $106,000 in Monday’s early hours as US stock futures (ES=F, NQ=F, YM=F) position themselves for a market rebound this week. Morning Brief hosts Seana Smith and Brad Smith touch upon the biggest market stories while speaking to top Wall Street experts.

NYSE Senior Market Strategist Michael Reinking comes on the program to talk more about the deteriorating market breadth among mega-cap tech names, calling the dilemma a “prove-it story.”

With Nike (NKE) set to report its latest earnings results this Thursday, December 19, BMO Capital Markets managing director Simeon Siegel shares his outlook on the athletic wear brand with the Morning Brief team.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Other top trending stocks on the Yahoo Finance platform include Honeywell International (HON), MicroStrategy (MSTR), Palantir (PLTR), Axon (AXON), Apple (AAPL), Netflix (NFLX), Ford (F), and BioGen (BIIB).

This post was written by Luke Carberry Mogan.



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